Seattle Debt Law: Foreclosure

Areas of Practice

If you’re behind on your mortgage and facing foreclosure, we can help. Our experienced legal team can help you understand your rights, your legal choices, and determine a course of action that will allow you to live in your house, maintain ownership, and resolve the situation. It’s important to contact us as soon as possible so we can discuss your case with you and help you determine what options are available to you. The longer you wait, the fewer options you have.

[Photo]If you’re behind on your mortgage payments but haven’t received a notice of foreclosure yet, filing bankruptcy can be one of the best ways to forestall the sale of your home. When you file, your creditors are required by law to cease their collection actions against you, which includes initiating foreclosure proceedings. This can buy you precious time to negotiate with your mortgage lender for a loan modification, forbearance, short sale, deed in lieu of foreclosure, or to pursue other, more favorable options. Even if you don’t file, the mere act of hiring an attorney can give you a valuable ally in your dealings with the bank or other parties.

If you’ve received a formal notice of foreclosure on your home or a notice of a sheriff’s sale on your property to satisfy a judgment, you need to contact us immediately. Filing for bankruptcy will automatically halt a scheduled foreclosure sale, even if you have received a notice and have a formal trustee sale date scheduled.

Whatever your situation, our attorneys will work with you personally to help you through this stressful time in your life. Over the past decade, many mortgage borrowers were victimized by predatory lenders: unethical mortgage brokers and financial institutions that issued inappropriate loans to borrowers who could not afford them, or gouged borrowers with exorbitant fees and high interest rates. If you are trapped in an escalating adjustable rate mortgage that your income cannot support, come talk to us for help in dealing with your lender. We can also help you avoid falling victim to “foreclosure rescue” scams run by con artists who steal your money or even your home under the guise of helping you avoid foreclosure.

Facing foreclosure can make you feel like you’re out of options. Let us show you the truth: you have more options than you think.

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